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Uber's new agreement threatens the right of drivers to join the class action, telling them that if they don't opt out, they can't participate, the drivers said in a Thursday motion. (Credit: AP)

Uber Drivers Push Court To Block New Arbitration Agreement

A class of Uber Technologies Inc. drivers on Friday urged a California federal court to bar Uber from rolling out a new arbitration agreement drafted in the wake of a ruling this week saying that the ride-hailing service company's prior agreements are unenforceable.

  • NY Appellate Court Keeps DraftKings, FanDuel Operating

    A New York appellate court on Friday ruled to allow beleaguered daily fantasy sports companies DraftKings and FanDuel to continue operating in the state just hours after a state court judge had granted a preliminary injunction sought by the New York attorney general to shutter the companies in the state.

  • J&J Found Liable In 3rd Risperdal Breast-Growth Case

    A Philadelphia jury returned a $500,000 verdict against a Johnson & Johnson unit on Friday after agreeing that the antipsychotic drug Risperdal caused a Wisconsin boy to grow female breasts and that the company had failed to adequately warn doctors about the risks associated with the medication.

  • Split SEC Proposes New Derivatives, Mining Disclosure Rules

    A divided Securities and Exchange Commission voted Friday to propose sweeping new restrictions on how exchange-traded funds and other investment companies use derivatives and also issued a court-ordered new take on a controversial plan to require energy and mining companies to disclose their payments to foreign governments.

  • Skelos, Son Found Guilty In Corruption Trial

    Former New York State Senate Majority Leader Dean Skelos and his son Adam were found guilty Friday of using the former lawmaker's powerful perch in Albany to squeeze illegal payments out of real estate, insurance and environmental consulting businesses in a verdict the jury foreperson said was not a close call.

  • Dow, DuPont To Create $130B Chemical Giant

    Chemical giants DuPont and Dow on Friday announced an all-stock merger of equals, setting the stage to create an industry behemoth with a combined market capitalization of $130 billion before splitting into three separate businesses.

  • Blue Buffalo Strikes Record $32M Pet Food False Ad Deal

    Blue Buffalo agreed on Thursday to pay $32 million to settle mutlidistrict litigation in Missouri filed by consumers accusing the pet food maker of lying about the ingredients in its kibble, in a deal that rival Nestle Purina says is the largest one ever over pet food.